Basilic Fly Studio Secures ₹105 Crore VFX Contracts From Netflix, Disney, and Apple for FY27; Bidding Pipeline Expands to ₹700 Crore 4 days ago
Basilic Fly Studio has secured VFX contracts worth ₹105 crore from Netflix, Disney, and Apple for FY27, with project work set to begin in August. The company's bidding pipeline has expanded to ₹700 crore, indicating a strong pipeline of potential business. These developments collectively enhance the studio's revenue outlook and reinforce its standing as a key VFX services provider for global entertainment platforms.
Basilic Fly Studio Unveils Rs 100 Crore Fundraising Plan
Basilic Fly Studio's board has approved a plan to raise up to Rs 100.00 crore through various financial instruments, including Qualified Institutional Placement (QIP) and preferential allotment. This fundraising initiative aims to strengthen the company's financial position and potentially support expansion plans in the entertainment industry.